Clark v. Burnette

2022 NCBC 17
CourtNorth Carolina Business Court
DecidedApril 18, 2022
Docket19-CVS-8565
StatusPublished

This text of 2022 NCBC 17 (Clark v. Burnette) is published on Counsel Stack Legal Research, covering North Carolina Business Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Clark v. Burnette, 2022 NCBC 17 (N.C. Super. Ct. 2022).

Opinion

Clark v. Burnette, 2022 NCBC 17.

STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION WAKE COUNTY 19 CVS 8565

ANDREW CLARK,

Plaintiff, ORDER AND OPINION ON MOTION v. FOR ENTRY OF FINAL JUDGMENT JARED BURNETTE and JBAC PROPERTIES, LLC,

Defendants.

THIS MATTER comes before the Court on Jared Burnette and JBAC

Properties, LLC’s Motion for Entry of Final Judgment (ECF No. 92).

The Court, having considered the motion, the briefs, the arguments of counsel,

and all applicable matters of record, CONCLUDES that the motion should be

GRANTED for the reasons set forth below.

Vann Attorneys, PLLC, by Ian S. Richardson and Barker Richardson, PLLC, by Daniel T. Barker for Plaintiff Andrew Clark.

Williams Mullen, by Camden R. Webb, Alexander M. Gormley, and Caitlin M. Poe for Defendants Jared Burnette and JBAC Properties, LLC.

Davis, Judge.

FACTUAL AND PROCEDURAL BACKGROUND

1. This dispute arises out of a lawsuit filed by Andrew Clark against Jared

Burnette and JBAC Properties, LLC (“JBAC”). (ECF No. 3, at p. 1.) Clark and

Burnette are the member-managers and equal co-owners of JBAC. (ECF No. 40.2, at

p. 2, 19.) On 25 June 2019, Clark initiated this action by filing a Complaint in Wake County Superior Court in which he asserted the following claims: breach of contract

against Burnette; declaratory judgment against Burnette and JBAC; quantum

meruit against Burnette; and judicial dissolution of JBAC pursuant to N.C.G.S. §

57D-6-02. (ECF No. 3, at pp. 5–10.)

2. On 26 July 2019, this action was designated a mandatory complex

business case and was assigned to the Honorable Gregory P. McGuire. (ECF Nos. 1,

2.)

3. After suit was filed, Burnette initially sought—pursuant to JBAC’s

Operating Agreement and the North Carolina Limited Liability Company Act (“LLC

Act”)—reimbursement for fees he had paid in connection with JBAC’s defense of this

lawsuit and advancement of funds for his own defense. (ECF No. 65, at p. 6.)

However, Clark refused to consent to the use of JBAC funds for the provision of a

defense to either JBAC or Burnette in this lawsuit. (ECF No. 65, at p. 6.)

4. On 11 March 2020, Burnette and JBAC filed an Amended Answer and

Counterclaim. In the counterclaim, Burnette sought to establish his right to

“reimbursement and indemnification from JBAC for any payment made and any

judgment, settlement, penalty, fine, or other cost, including attorneys’ fees, incurred

in the course of this litigation.” (ECF No. 29, at pp. 11–12.)

5. Burnette and JBAC filed a Motion for Summary Judgment on 10 June

2020 with regard to his counterclaim. (ECF No. 38.) On 2 December 2020, Judge

McGuire entered an order and opinion (the “Summary Judgment Order”) granting

the motion, concluding that “[u]nder the Operating Agreement, Burnette [was] entitled to indemnification to the extent required under and permitted by N.C.G.S. §

57D-3-31(a).” (ECF No. 65, at p. 20.)

6. Specifically, Judge McGuire concluded as follows:

There is no dispute that Burnette, as a manager of JBAC, would be entitled to indemnification under the Operating Agreement to the extent required under and permitted by N.C.G.S. § 57D-3-31 if he is wholly successful on the merits or otherwise in his defense of the claims against him in this lawsuit. Therefore, the Court concludes that to the extent it seeks a declaration that the Operating Agreement entitles Burnette to indemnification to the extent required under and permitted by N.C.G.S. § 57D-3-31(a), the Motion for Summary Judgment should be GRANTED.

Finally, the Motion for Summary Judgment does not raise, and the Court makes no determination in this Order and Opinion regarding the proper procedure for, submitting requests for payment of advancements or reimbursement, the type of legal expenses or the particular work performed by counsel for which Burnette should be advanced or reimbursed, or the specific amounts to be paid for advances or reimbursements.

(ECF No. 65, at p. 19.)

7. Judge McGuire further directed the parties to

confer and in good faith attempt to agree on: (a) the amount of advanceable expenses incurred by Burnette to date and on a procedure for payment of future advancement requests, and (b) the amount of reimbursable expenses incurred to date by Burnette on behalf of JBAC and on a procedure for payment of future reimbursement requests. On or before December 30, 2020, the parties shall report to the Court, via email to the clerk assigned to this matter, regarding their attempts to reach agreement and any outstanding disputes.

(ECF No. 65, at pp. 20–21.) 8. After both parties subsequently moved for summary judgment on

Clark’s claims, the Court issued an order and opinion on 29 April 2021. (ECF No.

75.) Judge McGuire denied Clark’s motion for summary judgment on his judicial

dissolution claim and granted summary judgment in Burnette’s favor on Clark’s

claims for breaches of the Operating Agreement and unjust enrichment. (ECF No.

75, at pp. 36–37.) The Court also entered summary judgment in Burnette’s favor on

numerous aspects of Clark’s declaratory judgment claims. (ECF No. 75, at pp. 34–

36.)

9. This case was re-assigned to the undersigned on 1 July 2021. (ECF No.

80.)

10. On 14 July 2021, Clark filed a voluntary dismissal without prejudice

pursuant to N.C. R. Civ. P. 41(a)(1) on all of his remaining claims. (ECF No. 82.)

11. Burnette filed the present motion on 10 January 2022 seeking a final

judgment from the Court setting out the precise sums to which Burnette is entitled

to indemnification. (ECF No. 92.)

12. The motion came before the Court for a hearing on 8 March 2022 and

is now ripe for decision.

ANALYSIS

13. The LLC Act provides in pertinent part as follows:

(a) An LLC shall indemnify a person who is wholly successful on the merits or otherwise in the defense of any proceeding to which the person was a party because the person is or was a member, a manager, or other company official if the person also is or was an interest owner at the time to which the claim relates, acting within the person’s scope of authority as a manager, member, or other company official against expenses incurred by the person in connection with the proceeding.

(b) An LLC shall reimburse a person who is or was a member for any payment made and indemnify the person for any obligation, including any judgment, settlement, penalty, fine, or other cost, incurred or borne in the authorized conduct of the LLC’s business or preservation of the LLC’s business or property, whether acting in the capacity of a manager, member, or other company official if, in making the payment or incurring the obligation, the person complied with the duties and standards of conduct (i) under G.S. 57D-3-21, as modified or eliminated by the operating agreement or (ii) otherwise imposed by this Chapter or other applicable law.

N.C.G.S. § 57D-3-31 (2021).

14. JBAC’s Operating Agreement, in turn, states in relevant part as follows:

To the fullest extent required under and permitted by the [LLC] Act, the Company shall indemnify its Managers and make advances for expenses to Managers with respect to the matters capable of indemnification under the [LLC] Act.

(ECF No. 29.1, at p. 7.)

15. “[I]ndemnification is the right to be reimbursed for all out of pocket

expenses and losses caused by an underlying claim.” Wheeler v. Wheeler, 2018 NCBC

LEXIS 156, at **26–27 (N.C. Super Ct. Nov. 15, 2018) (quoting Majkowski v. Am.

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Cite This Page — Counsel Stack

Bluebook (online)
2022 NCBC 17, Counsel Stack Legal Research, https://law.counselstack.com/opinion/clark-v-burnette-ncbizct-2022.